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For a Hypothetical Economy in a Given Year, GDP Equaled

Question 47

Multiple Choice

For a hypothetical economy in a given year, GDP equaled $1,170, consumption equaled $482, investment equaled $286, goods exported equaled $198, and goods imported equaled $57. What did government spending equal?


A) $402
B) Not enough information is given.
C) $543
D) $261
E) $147

Correct Answer:

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